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What You Need to Know About Contact Center AI

InMoment XI

By integrating these advanced technologies, these companies aim to streamline customer interaction, automate routine tasks, and optimize their overall operations. Virtual Agents and Chatbots: Virtual agents or chatbots, powered by AI, interact with customers in real-time. What is Contact Center AI?

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Consumer demand driving advancements in financial services

PK

Technology-driven solutions have transformed banking and finance over the past few years. Experts project that the financial services sector will spend over $300 billion on IT products and services through 2020 as firms invest in technology to advance their digital transformation efforts.

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5 Tips for Successful Business Continuity Planning for Contact Centers

Interactions

In a contact center, there are two main components that require the highest level of attention: employees and technology. Technology can pose a larger challenge, depending on the systems being used. It’s important to have a technology in place that is able to deliver these proactive messages. . Scale, and fast.

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COVID-19 Stokes The Chatbot Hype In Financial Services

Forrester's Customer Insights

COVID-19 and the associated containment measures are accelerating digital transformation and automation in financial services.

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Thriving Amidst Rapid Change: Conversational AI and Collections

Interactions

In the latest Financial Hardship report, TransUnion cites that over 58% of US consumers have been financially impacted by COVID-19. People are worried about their financial future, and their reaction will likely result in even more debt and delinquency. . Collections agents will feel the effects of this increase in volume.

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Four Key Considerations for Adopting AI for Debt Collection

Interactions

Automation and artificial intelligence (AI) are making significant changes to the way the financial services industry handles consumer credit. And sometimes it can be just a lack of experience with financial planning. Likewise, collection agents have the unique challenge of bearing the emotional burden of collection calls.

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How To Monetize Open Finance: Monetize Value, Price The Use Case

Forrester's Customer Insights

Open finance is driven not by regulators, but by technologies like open APIs. This is steadily changing distribution patterns within the industry towards embedded finance – a world of connectivity, financial services meeting the needs of customers in the moment, in cars, in virtual agents, in shopping apps, in online marketplaces.